Rick Flynn Sells 28,946 Shares of Chorus Aviation Inc (CHR) Stock

Chorus Aviation Inc (TSE:CHR) insider Rick Flynn sold 28,946 shares of the business’s stock in a transaction on Thursday, November 30th. The shares were sold at an average price of C$9.75, for a total value of C$282,223.50.

Chorus Aviation Inc (TSE:CHR) opened at C$9.75 on Friday. Chorus Aviation Inc has a 52-week low of C$6.42 and a 52-week high of C$9.80.

The firm also recently announced a monthly dividend, which will be paid on Monday, December 18th. Investors of record on Thursday, November 30th will be given a dividend of $0.04 per share. This represents a $0.48 annualized dividend and a yield of 4.92%. The ex-dividend date is Wednesday, November 29th. Chorus Aviation’s payout ratio is 38.10%.

A number of analysts recently issued reports on CHR shares. CIBC boosted their price objective on Chorus Aviation from C$8.25 to C$8.75 and gave the company an “outperform” rating in a research note on Friday, August 11th. Canaccord Genuity boosted their target price on Chorus Aviation from C$9.00 to C$9.25 in a research report on Friday, August 11th. TD Securities boosted their target price on Chorus Aviation from C$8.50 to C$9.50 and gave the stock a “buy” rating in a research report on Friday, August 11th. National Bank Financial boosted their target price on Chorus Aviation from C$8.00 to C$8.50 and gave the stock a “sector perform” rating in a research report on Friday, August 11th. Finally, Royal Bank Of Canada boosted their target price on Chorus Aviation from C$8.00 to C$8.50 and gave the stock an “outperform” rating in a research report on Friday, August 11th. Six equities research analysts have rated the stock with a buy rating, The stock currently has an average rating of “Buy” and an average target price of C$9.71.

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About Chorus Aviation

Chorus Aviation Inc, through its subsidiaries, engages in the airline business in Canada and the United States. It operates scheduled passenger service on behalf of Air Canada under the Air Canada Express brand name with approximately 658 departures per weekday to 58 destinations in Canada, as well as 12 destinations in the United States.

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